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Oil & Gas Supply

Carve-out in U.S. Sanctions will Still let Russia Profit from Oil, Gas

There is a glaring carve-out in President Joe Biden’s sanctions against Russia: Oil and natural gas from that country will continue to flow freely to the rest …

CCS

Energy Partners Announce CCS Project at Port of Corpus Christi

Talos Energy and Howard Energy Partners (HEP) plan to pursue opportunities for carbon capture and sequestration (CCS) at the Port of Corpus Christi, under a new…

OPEC

Saudi Crown Prince Says Kingdom Still Committed to OPEC+ Oil Agreement with Russia

Saudi Arabia remains committed to OPEC+ agreement, Crown Prince Mohammed bin Salman told French President Emmanuel Macron Feb. 27, in an endorsement for the blo…

Decarbonising Industry Can Be ‘Mission Possible and Profitable’

Decarbonising hard-to-abate sectors of industry will take a programme of co-ordination, investment and policy on a scale not seen since Europe’s post-war recov…

Energy Investment

Norway’s Equinor will End Investments in Russia, Exit Joint Ventures

Norway’s Equinor said Feb. 28 that it has decided to stop new investments in Russia and start exiting from joint ventures because of Russia’s invasion of Ukra…

Oil Price

Can African Oil Producers Take Advantage of Increasing Oil Prices?

Russia's invasion of Ukraine has pushed the price of oil to over $100 per barrel. But, it's also opened an opportunity for African oil producers like Nigeria, A…

Oil Price

Oil Could Jump Back Above $100 as Traders Assess Russia SWIFT Ban

A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel as …

LNG

Shell to Exit Russia After Ukraine Invasion, Joining BP

Shell will exit all its Russian operations, including a major liquefied natural gas plant, it said on Monday, becoming the latest major Western energy company t…

Australia

Origin Unveils Plan for Green Hydrogen Hub on Australia's East Coast

Australia’s Origin Energy has unveiled plans for a potential hydrogen hub in one of Australia’s key coal regions.

LNG

Japan's JERA Does Not Currently See SWIFT Ban Impacting Sakhalin 2 LNG Imports

Japan's largest power generation company JERA does not currently see the latest financial sanctions on Russia, including barring designated Russian banks from t…

Electric Vehicle Charging

Wireless EV Charging Coming Soon to US Market

WiTricity has unveiled plans to develop wireless charging stations for select electric vehicle models.

Wind Farm

Germany Signals Interest in Ireland’s Wind Energy Infrastructure

Significant German interest is emerging in long-term investment in Ireland’s wind energy infrastructure, with the goal of exporting power back to supply the Ge…

Natural Gas

How Europe Can Boost Energy Security and Reduce Its Reliance on Russian Gas

January is the cruellest month when it comes to European gas demand. It is now the end of February and the continent has almost a year to bolster its strategic …

Australia

Australia’s Squadron Plans $2.2bn Renewables Project

Australian energy firm Squadron Energy plans to build a A$3bn ($2.15bn) wind, solar photovoltaic (PV) and battery project in Queensland.

LNG

Asian LNG Prices Surge on Ukraine Invasion, NS2 Halt

Asian spot liquefied natural gas (LNG) prices surged more than 50% this week as they tracked a jump in European gas prices after Russia’s invasion of Ukraine.